Phillips Power Launches to Tackle US Grid Modernization Needs

KNOXVILLE, TN – January 08, 2026 – Infrastructure firm Phillips announced the official launch of Phillips Power, LLC, a new, dedicated operating company created to address the nation's growing and complex energy infrastructure needs. The move positions the 70-year-old enterprise to capture a significant share of the rapidly expanding power market by focusing on transmission, distribution, substations, and renewable energy projects.

The new entity emerges at a critical time for the United States. The nation's power grid, much of it decades old, faces immense pressure from rising electricity demand, the urgent need to integrate renewable energy sources, and increased threats from extreme weather events. This launch signals a strategic consolidation of Phillips' long-standing expertise into a focused powerhouse aimed at modernizing America's energy backbone.

A Strategic Move in a Surging Market

Phillips Power is entering a sector experiencing unprecedented growth and investment. The U.S. electric power transmission and distribution market, valued at nearly $90 billion in 2024, is projected to exceed $110 billion by 2032. Even more explosive is the grid modernization segment, which is forecast to skyrocket from approximately $12.4 billion in 2024 to over $46 billion by 2032, driven by a robust compound annual growth rate of nearly 18%.

This surge is fueled by a confluence of factors. Soaring electricity consumption from data centers powering AI workloads, the electrification of transportation, and general population growth are straining existing capacity. Simultaneously, federal mandates and market forces are accelerating the shift to renewable sources like solar and wind, which require a more sophisticated and flexible grid to manage their intermittent nature.

Landmark federal legislation, including the Inflation Reduction Act and the Bipartisan Infrastructure Law, has unlocked trillions in funding and incentives for clean energy and infrastructure upgrades. Regulatory bodies like the Federal Energy Regulatory Commission (FERC) are also pushing for reform with new rules designed to streamline the interconnection of new energy projects and improve long-term transmission planning. Phillips Power is strategically positioned to leverage this momentum, offering solutions that align directly with these national priorities for a more resilient and reliable energy future.

The 'Ground-to-Grid' Differentiator

In a competitive landscape that includes established giants like Quanta Services and MasTec Inc., Phillips Power is carving out its niche with a distinct "ground-to-grid" operational philosophy. The company is purposefully structured to integrate its deep roots in heavy civil construction with specialized electrical execution, a combination it calls a "civil-first approach."

This methodology is designed to tackle the most complex infrastructure challenges, particularly projects in difficult terrain or those requiring extensive foundational work before electrical components can be installed. By managing the entire project lifecycle—from initial site clearing and foundation construction to the final energizing of transmission lines and substations—the company aims to offer a turnkey solution that reduces project timelines, improves efficiency, and mitigates risks for utilities and developers.

“Our mission is simple: to deliver reliable, resilient energy infrastructure that keeps communities energized and prepared for the future,” said Morgan Pierce, President of Phillips Power, LLC, in a statement accompanying the launch. “We bring an integrated, civil-first approach that solves complex challenges with precision and purpose ensuring every project moves power forward, safely and efficiently for the customers who depend on it.”

This integrated capability is where the company sees its core strength, billing its "sweet spot" as the intersection where civil meets electrical infrastructure. This positions Phillips Power not just as an electrical contractor, but as a comprehensive infrastructure partner capable of delivering end-to-end solutions for everything from large-scale solar farms to high-voltage transmission corridors and modernized substations.

A New Chapter in a 70-Year Legacy

The launch of Phillips Power is a cornerstone of a broader strategic evolution for its parent company, Phillips. The firm, which traces its history back over 70 years as Phillips & Jordan, Inc., recently rebranded to better reflect its growth and specialized focus. In 2018, Avis Phillips became Chairman of the Board, cementing the enterprise's status as a privately owned, woman-owned business and continuing its family-led legacy.

Under the unified Phillips brand, the company now operates through four distinct but interconnected entities:
* Phillips Heavy, Inc., which continues the legacy of complex heavy civil construction.
* Phillips Environmental, LLC, a leader in disaster response and debris management.
* Phillips Fleet, LLC, which manages the vast equipment and machinery assets for the entire enterprise.
* And now, Phillips Power, LLC, which consolidates and expands upon the power delivery work previously housed within the parent organization.

This restructuring allows each company to cultivate deep industry expertise while leveraging the collective strength, resources, and reputation of the parent brand. For Phillips, the creation of a dedicated power entity is a deliberate pivot towards a high-growth sector that is fundamental to national security and economic prosperity. It reflects a forward-looking strategy that builds on a storied past to meet the most urgent infrastructure needs of the future.

Leadership and Vision for the Future

Guiding the new company is Morgan Pierce, a seasoned executive with over two decades of experience within the Phillips organization. Having joined in 2004, Pierce has been instrumental in the growth of the company's power division, leading its transformation from a single-service provider into a self-performing turnkey contractor for both traditional transmission and distribution and EPC renewable energy projects.

Her extensive background in project management and client relations across the utility sector provides Phillips Power with proven leadership grounded in hands-on experience. As President, she is responsible for the strategic direction and operational execution of the company's full suite of services, including grid modernization, power infrastructure development, and storm response.

Pierce’s leadership, combined with the company’s integrated delivery model and the backing of the larger Phillips enterprise, creates a formidable new player in the power infrastructure space. As the U.S. embarks on a multi-trillion-dollar effort to rebuild and reimagine its energy systems, Phillips Power is now formally positioned to be a key partner in building the resilient, connected, and sustainable grid that will power the nation for generations to come.